According to the monitoring data of the business community, the price of flake caustic soda this week was consolidated. The average market price at the beginning of the week was 4816.67 yuan/ton, and the average market price at the weekend was 4783.33 yuan/ton. The price fell 0.69%, up 38.65% year on year.
| Gamma-PGA (gamma polyglutamic acid) |
Upstream caustic soda
According to the monitoring data of the business community, the price of caustic soda rose this week. At the beginning of the week, the average market price in Shandong was 1124 yuan/ton. At the weekend, the average market price in Shandong was 1130 yuan/ton. The price rose 0.53%, 14.57% higher than the same period last year. At present, the average market price in Shandong is about 1090-1200 yuan/ton. The factory quotation of 32% liquid caustic soda mainstream in Hebei is about 1100-1200 yuan/ton. The price of caustic soda in the market remained stable in the mainstream, with sporadic increases as the main factor. The downstream market is mainly wait-and-see, and mostly purchases on demand. However, due to the close of the New Year, there are downstream enterprises to stock up, which supports the price of caustic soda.
According to the analysts of the business community, the flake alkali market has been consolidated and operated, with a general trading and investment atmosphere. Most downstream enterprises purchase on demand and ship on average. They are mainly wait-and-see, with a general enthusiasm for entering the market. In general, the price of flake alkali is short-term or the consolidation operation is based on the downstream market demand.
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